Schedule of Investments PIMCO Income Strategy Fund II

March 31, 2024

(Unaudited)

 

(AMOUNTS IN THOUSANDS*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)

 

 

PRINCIPAL
AMOUNT
(000s)

 

MARKET
VALUE
(000s)

INVESTMENTS IN SECURITIES 116.1% ¤

 

 

 

 

LOAN PARTICIPATIONS AND ASSIGNMENTS 35.5%

 

 

 

 

AI Silk Midco Ltd.
TBD% due 02/24/2031

EUR

1,000

$

1,050

Air Canada
7.833% (TSFR03M + 2.500%) due 03/14/2031 ~

$

300

 

301

Amsurg

 

 

 

 

10.123% (TSFR03M + 4.750%) due 11/03/2028 «~

 

735

 

735

14.248% due 07/20/2026 «~

 

12,402

 

12,402

AP Core Holdings LLC
10.945% due 09/01/2027

 

14,406

 

14,141

AVSC Holding Corp. (8.676% Cash and 0.250% PIK)
8.926% due 03/03/2025 (c)

 

4,962

 

4,989

BDO U.S.A. PC
11.330% (TSFR1M + 6.000%) due 08/31/2028 «~

 

2,527

 

2,542

Cengage Learning, Inc.
TBD% due 03/22/2031

 

2,100

 

2,100

Chromalloy Corp.
TBD% due 03/27/2031

 

2,000

 

1,997

Cohesity

 

 

 

 

TBD% due 03/08/2031 «µ

 

772

 

772

TBD% due 03/08/2031 «

 

7,300

 

7,300

Diamond Sports Group LLC
TBD% due 05/25/2026

 

7,988

 

7,689

DirecTV Financing LLC
10.445% (TSFR1M + 5.000%) due 08/02/2027 ~

 

382

 

383

Envalior Finance GmbH

 

 

 

 

9.412% (EUR003M + 5.500%) due 03/29/2030 ~

EUR

2,100

 

2,098

10.813% (TSFR03M + 5.500%) due 03/29/2030 ~

$

3,267

 

3,045

Finastra U.S.A., Inc.

 

 

 

 

0.500% - 12.575% (TSFR1M + 7.250%) due 09/13/2029 «~µ

 

103

 

103

12.459% - 12.575% (TSFR03M + 7.250%) due 09/13/2029 «~

 

997

 

1,005

Forward Air Corp.
9.827% (TSFR1M + 4.500%) due 12/19/2030 ~

 

1,800

 

1,777

Gateway Casinos & Entertainment Ltd.

 

 

 

 

13.413% (CDOR03 + 8.000%) due 10/18/2027 ~

CAD

3,821

 

2,828

13.469% due 10/15/2027

$

6,666

 

6,683

iHeartCommunications, Inc.
8.695% due 05/01/2026

 

550

 

481

Ivanti Software, Inc.
9.839% due 12/01/2027

 

9,175

 

8,613

Lealand Finance Co. BV
8.442% (TSFR1M + 3.000%) due 06/28/2024 ~

 

88

 

48

Lealand Finance Co. BV (6.441% Cash and 3.000% PIK)
9.441% due 06/30/2025 (c)

 

837

 

347

Lifepoint Health, Inc.
11.087% due 11/16/2028

 

3,200

 

3,212

Magenta Buyer LLC
10.574% (TSFR03M + 5.000%) due 07/27/2028 ~

 

995

 

597

Market Bidco Ltd.
10.044% due 11/04/2027

GBP

9,371

 

11,833

MPH Acquisition Holdings LLC
9.855% due 09/01/2028

$

9,596

 

9,297

Obol France 3 SAS
8.864% (EUR006M + 4.750%) due 12/31/2025 ~

EUR

5,900

 

6,141

Oi SA

 

 

 

 

1.750% (LIBOR03M + 1.750%) due 02/26/2035 ~

$

4,206

 

74

12.500% due 09/07/2024

 

8,929

 

8,884

Poseidon Bidco SASU
8.902% (EUR003M + 5.000%) due 03/13/2030 ~

EUR

2,700

 

2,868

Promotora de Informaciones SA
9.123% (EUR003M + 5.220%) due 12/31/2026 ~

 

16,447

 

17,537

Promotora de Informaciones SA (6.873% Cash and 5.000% PIK)
11.873% (EUR003M + 2.970%) due 06/30/2027 ~(c)

 

715

 

733

Proofpoint, Inc.
TBD% due 08/31/2028

$

200

 

200

PUG LLC
10.075% (TSFR03M + 4.750%) due 03/15/2030 ~

 

3,100

 

3,108

Red Rock Resorts
TBD% due 03/14/2031

 

1,700

 

1,700

Rising Tide Holdings, Inc.
14.329% (TSFR1M + 9.000%) due 06/01/2026 «~

 

405

 

393

Steenbok Lux Finco 2 SARL
10.000% due 06/30/2026

EUR

21,403

 

8,833

 

 

 

Schedule of Investments PIMCO Income Strategy Fund II (Cont.)

March 31, 2024

(Unaudited)

 

Syniverse Holdings, Inc.
12.302% (TSFR03M + 7.000%) due 05/13/2027 ~

$

17,640

 

16,886

Telemar Norte Leste SA

 

 

 

 

1.750% (LIBOR06M + 1.750%) due 02/26/2035 ~

 

12,167

 

213

1.750% due 02/26/2035

 

214

 

4

U.S. Renal Care, Inc.
10.442% (TSFR1M + 5.000%) due 06/20/2028 ~

 

18,240

 

15,899

Veritas U.S., Inc.
10.445% due 09/01/2025

 

10,612

 

9,848

Wesco Aircraft Holdings, Inc.
TBD% due 05/01/2024

 

6,695

 

7,166

Westmoreland Mining Holdings LLC
8.000% due 03/15/2029

 

2,023

 

1,315

Windstream Services LLC

 

 

 

 

9.430% due 02/23/2027

 

6,060

 

5,999

11.680% due 09/21/2027

 

2,741

 

2,684

Total Loan Participations and Assignments (Cost $224,964)

 

 

 

218,853

CORPORATE BONDS & NOTES 37.5%

 

 

 

 

BANKING & FINANCE 9.7%

 

 

 

 

Agps Bondco PLC

 

 

 

 

4.625% due 01/14/2026

EUR

3,900

 

1,648

5.000% due 04/27/2027

 

2,400

 

1,003

5.500% due 11/13/2026

 

200

 

84

Armor Holdco, Inc.
8.500% due 11/15/2029 (k)

$

2,700

 

2,552

Banca Monte dei Paschi di Siena SpA

 

 

 

 

7.708% due 01/18/2028 •(k)

EUR

2,100

 

2,377

8.000% due 01/22/2030 •(k)

 

2,361

 

2,581

10.500% due 07/23/2029 (k)

 

5,318

 

6,771

Banco Bilbao Vizcaya Argentaria SA
6.033% due 03/13/2035 •

$

600

 

609

Banco de Credito del Peru SA
4.650% due 09/17/2024

PEN

800

 

213

Banco do Brasil SA
6.000% due 03/18/2031

$

400

 

402

Barclays PLC

 

 

 

 

6.692% due 09/13/2034 •(k)

 

600

 

639

7.437% due 11/02/2033 •(k)

 

2,282

 

2,537

BOI Finance BV
7.500% due 02/16/2027

EUR

3,000

 

3,069

CaixaBank SA
6.840% due 09/13/2034 •(k)

$

500

 

535

Cape Lookout Re Ltd.
13.362% (T-BILL 1MO + 8.000%) due 04/05/2027 «~

 

800

 

802

Cosaint Re Pte. Ltd.
15.202% (T-BILL 1MO + 9.250%) due 04/03/2028 ~

 

900

 

898

Credit Suisse AG AT1 Claim

 

8,393

 

964

Deutsche Bank AG

 

 

 

 

3.547% due 09/18/2031 •(k)

 

400

 

352

6.720% due 01/18/2029 •(k)

 

300

 

310

East Lane Re Ltd.
14.612% (T-BILL 3MO + 9.250%) due 03/31/2026 ~

 

250

 

251

Ford Motor Credit Co. LLC

 

 

 

 

5.800% due 03/08/2029 (k)

 

800

 

804

6.125% due 03/08/2034 (k)

 

1,700

 

1,710

GSPA Monetization Trust
6.422% due 10/09/2029

 

2,297

 

2,210

Hestia Re Ltd.
14.732% (T-BILL 1MO + 9.370%) due 04/22/2025 ~

 

704

 

696

Hudson Pacific Properties LP
3.950% due 11/01/2027

 

100

 

89

Integrity Re Ltd.

 

 

 

 

22.362% (T-BILL 1MO + 17.000%) due 06/06/2026 ~

 

400

 

400

28.362% (T-BILL 1MO + 23.000%) due 06/06/2026 ~

 

400

 

400

Intesa Sanpaolo SpA

 

 

 

 

6.625% due 06/20/2033 (k)

 

3,200

 

3,323

7.200% due 11/28/2033 (k)

 

2,100

 

2,264

Kennedy Wilson Europe Real Estate Ltd.
3.250% due 11/12/2025

EUR

500

 

508

Lazard Group LLC
6.000% due 03/15/2031

$

200

 

202

Lloyds Banking Group PLC
5.679% due 01/05/2035 •(k)

 

600

 

604

Long Walk Reinsurance Ltd.
15.112% (T-BILL 3MO + 9.750%) due 01/30/2031 ~

 

700

 

709

Sanders Re Ltd.
17.122% (T-BILL 3MO + 11.760%) due 04/09/2029 ~

 

1,405

 

1,262

Societe Generale SA
6.691% due 01/10/2034 •(k)

 

500

 

525

SVB Financial Group

 

 

 

 

1.800% due 02/02/2031 ^(d)

 

1,298

 

810

2.100% due 05/15/2028 ^(d)

 

200

 

128

Schedule of Investments PIMCO Income Strategy Fund II (Cont.)

March 31, 2024

(Unaudited)

 

3.125% due 06/05/2030 ^(d)

 

200

 

129

3.500% due 01/29/2025 ^(d)

 

100

 

64

4.345% due 04/29/2028 ^(d)

 

500

 

317

4.570% due 04/29/2033 ^(d)

 

1,600

 

1,015

UBS Group AG

 

 

 

 

3.091% due 05/14/2032 •(k)

 

300

 

255

4.194% due 04/01/2031 •(k)

 

400

 

372

9.016% due 11/15/2033 •(k)

 

250

 

304

Uniti Group LP

 

 

 

 

6.000% due 01/15/2030 (k)

 

9,565

 

7,142

6.500% due 02/15/2029 (k)

 

2,900

 

2,250

Ursa Re Ltd.
14.612% (T-BILL 3MO + 9.250%) due 12/07/2026 ~

 

800

 

810

Voyager Aviation Holdings LLC
8.500% due 05/09/2026 ^«(d)

 

4,752

 

831

Winston RE Ltd.
17.112% (T-BILL 3MO + 11.750%) due 02/26/2031 ~

 

600

 

596

Yosemite Re Ltd.
15.340% (T-BILL 3MO + 9.978%) due 06/06/2025 ~

 

760

 

787

 

 

 

 

60,113

INDUSTRIALS 23.8%

 

 

 

 

Altice France Holding SA

 

 

 

 

8.000% due 05/15/2027

EUR

3,300

 

1,191

10.500% due 05/15/2027

$

2,900

 

1,088

Beazer Homes USA, Inc.
7.500% due 03/15/2031

 

600

 

607

Carvana Co. (12.000% PIK)
12.000% due 12/01/2028 (c)

 

799

 

770

Carvana Co. (13.000% PIK)
13.000% due 06/01/2030 (c)

 

6,696

 

6,425

Carvana Co. (14.000% PIK)
14.000% due 06/01/2031 (c)

 

6,359

 

6,284

CGG SA

 

 

 

 

7.750% due 04/01/2027

EUR

5,500

 

5,445

8.750% due 04/01/2027 (k)

$

3,656

 

3,316

CVS Pass-Through Trust
7.507% due 01/10/2032 (k)

 

613

 

635

DISH DBS Corp.

 

 

 

 

5.250% due 12/01/2026

 

7,000

 

5,525

5.750% due 12/01/2028

 

7,260

 

5,003

Ecopetrol SA
8.375% due 01/19/2036

 

220

 

222

Exela Intermediate LLC (11.500% PIK)
11.500% due 04/15/2026 (c)

 

77

 

12

Ford Motor Co.
7.700% due 05/15/2097 (k)

 

6,455

 

6,968

GN Bondco LLC
9.500% due 10/15/2031 (k)

 

400

 

400

HCA, Inc.
7.500% due 11/15/2095 (k)

 

1,200

 

1,332

Intelsat Jackson Holdings SA
6.500% due 03/15/2030 (k)

 

13,948

 

12,994

Inter Media & Communication SpA
6.750% due 02/09/2027 (k)

EUR

1,795

 

1,905

Legacy LifePoint Health LLC
4.375% due 02/15/2027

$

300

 

286

LifePoint Health, Inc.

 

 

 

 

9.875% due 08/15/2030 (k)

 

800

 

838

11.000% due 10/15/2030 (k)

 

2,900

 

3,103

Market Bidco Finco PLC
4.750% due 11/04/2027

EUR

800

 

815

Medline Borrower LP
6.250% due 04/01/2029

$

900

 

905

New Albertsons LP
6.570% due 02/23/2028

 

6,800

 

6,494

Newfold Digital Holdings Group, Inc.

 

 

 

 

6.000% due 02/15/2029

 

900

 

706

11.750% due 10/15/2028 (k)

 

500

 

542

Nissan Motor Co. Ltd.
4.810% due 09/17/2030 (k)

 

10,500

 

9,812

Odebrecht Oil & Gas Finance Ltd.
0.000% due 04/29/2024 (g)(h)

 

1,101

 

60

Petroleos Mexicanos

 

 

 

 

6.700% due 02/16/2032 (k)

 

1,732

 

1,441

6.840% due 01/23/2030 (k)

 

800

 

706

8.750% due 06/02/2029 (k)

 

1,416

 

1,382

Prime Healthcare Services, Inc.
7.250% due 11/01/2025 (k)

 

1,361

 

1,355

Russian Railways Via RZD Capital PLC
7.487% due 03/25/2031 ^(d)

GBP

1,300

 

1,149

Station Casinos LLC
6.625% due 03/15/2032

$

900

 

910

Surgery Center Holdings, Inc.
7.250% due 04/15/2032 (b)

 

500

 

504

Schedule of Investments PIMCO Income Strategy Fund II (Cont.)

March 31, 2024

(Unaudited)

 

Topaz Solar Farms LLC

 

 

 

 

4.875% due 09/30/2039 (k)

 

1,742

 

1,550

5.750% due 09/30/2039

 

7,045

 

7,041

TransDigm, Inc.
6.375% due 03/01/2029

 

1,300

 

1,306

U.S. Renal Care, Inc.
10.625% due 06/28/2028

 

1,704

 

1,495

USA Compression Partners LP
7.125% due 03/15/2029

 

300

 

304

Vale SA
1.378% due 12/29/2049 ~(h)

BRL

110,000

 

7,113

Venture Global LNG, Inc.

 

 

 

 

9.500% due 02/01/2029 (k)

$

2,725

 

2,939

9.875% due 02/01/2032 (k)

 

2,400

 

2,588

Veritas U.S., Inc.
7.500% due 09/01/2025 (k)

 

1,570

 

1,441

Vital Energy, Inc.
7.875% due 04/15/2032

 

400

 

407

Wesco Aircraft Holdings, Inc. (7.500% Cash and 3.000% PIK)
10.500% due 11/15/2026 ^(c)(d)

 

27,315

 

24,856

Windstream Escrow LLC
7.750% due 08/15/2028 (k)

 

4,800

 

4,447

 

 

 

 

146,617

UTILITIES 4.0%

 

 

 

 

FORESEA Holding SA
7.500% due 06/15/2030 (k)

 

1,171

 

1,102

NGD Holdings BV
6.750% due 12/31/2026

 

349

 

243

Northwestern Bell Telephone
7.750% due 05/01/2030

 

12,625

 

5,938

Oi SA
10.000% due 07/27/2025 ^(d)

 

26,307

 

460

Pacific Gas & Electric Co.

 

 

 

 

4.500% due 12/15/2041

 

22

 

18

4.750% due 02/15/2044 (k)

 

4,092

 

3,457

4.950% due 07/01/2050 (k)

 

4,328

 

3,726

PacifiCorp
5.800% due 01/15/2055 (k)

 

700

 

691

Peru LNG SRL
5.375% due 03/22/2030 (k)

 

7,840

 

6,830

Raizen Fuels Finance SA
6.450% due 03/05/2034

 

300

 

308

Vistra Operations Co. LLC
6.950% due 10/15/2033 (k)

 

1,500

 

1,602

 

 

 

 

24,375

Total Corporate Bonds & Notes (Cost $266,187)

 

 

 

231,105

CONVERTIBLE BONDS & NOTES 0.4%

 

 

 

 

INDUSTRIALS 0.4%

 

 

 

 

DISH Network Corp.
3.375% due 08/15/2026

 

3,400

 

2,133

Total Convertible Bonds & Notes (Cost $3,400)

 

 

 

2,133

MUNICIPAL BONDS & NOTES 3.5%

 

 

 

 

MICHIGAN 0.3%

 

 

 

 

Detroit, Michigan General Obligation Bonds, Series 2014
4.000% due 04/01/2044

 

2,100

 

1,666

OHIO 0.9%

 

 

 

 

Ohio State University Revenue Bonds, Series 2011
4.800% due 06/01/2111

 

6,000

 

5,400

PUERTO RICO 1.6%

 

 

 

 

Commonwealth of Puerto Rico Bonds, Series 2022

 

 

 

 

0.000% due 11/01/2043 (k)

 

575

 

333

0.000% due 11/01/2051 (k)

 

17,864

 

9,818

 

 

 

 

10,151

WEST VIRGINIA 0.7%

 

 

 

 

Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2007
0.000% due 06/01/2047 (g)

 

45,700

 

4,238

Schedule of Investments PIMCO Income Strategy Fund II (Cont.)

March 31, 2024

(Unaudited)

 

Total Municipal Bonds & Notes (Cost $20,418)

 

 

 

21,455

U.S. GOVERNMENT AGENCIES 1.7%

 

 

 

 

Fannie Mae

 

 

 

 

0.815% due 01/25/2040 •(a)

 

110

 

8

3.500% due 02/25/2042 (a)

 

268

 

22

4.500% due 11/25/2042 (a)(k)

 

680

 

77

Freddie Mac

 

 

 

 

0.000% due 09/15/2035 •(k)

 

776

 

607

0.700% due 11/25/2055 ~(a)

 

33,005

 

1,934

3.000% due 02/15/2033 (a)

 

651

 

47

3.500% due 12/15/2032 (a)(k)

 

914

 

90

6.155% due 11/25/2055 «~

 

8,004

 

4,970

12.985% due 12/25/2027 •

 

2,400

 

2,534

Ginnie Mae

 

 

 

 

3.500% due 06/20/2042 - 10/20/2042 (a)

 

152

 

16

4.000% due 10/16/2042 - 10/20/2042 (a)

 

117

 

11

Total U.S. Government Agencies (Cost $11,294)

 

 

 

10,316

NON-AGENCY MORTGAGE-BACKED SECURITIES 13.8%

 

 

 

 

Atrium Hotel Portfolio Trust

 

 

 

 

7.123% due 12/15/2036 •

 

1,700

 

1,626

7.573% due 12/15/2036 •

 

3,200

 

2,945

9.023% due 06/15/2035 •

 

2,200

 

2,130

Banc of America Funding Trust

 

 

 

 

5.214% due 01/20/2047 ~

 

361

 

307

6.000% due 01/25/2037

 

2,549

 

2,089

BCAP LLC Trust

 

 

 

 

0.000% due 05/26/2037 ~

 

708

 

302

3.606% due 08/28/2037 ~

 

1,082

 

1,066

3.932% due 08/26/2037 ~

 

8,408

 

6,435

4.394% due 09/26/2036 ~

 

3,214

 

2,893

4.410% due 07/26/2037 ~

 

4,102

 

3,599

4.527% due 03/26/2037 þ

 

620

 

875

5.750% due 12/26/2035 ~

 

1,540

 

1,036

6.250% due 11/26/2036

 

2,171

 

1,614

Bear Stearns ALT-A Trust

 

 

 

 

4.207% due 09/25/2047 ~

 

3,575

 

1,703

4.522% due 11/25/2035 ~

 

2,707

 

1,808

4.576% due 11/25/2036 ~

 

265

 

140

4.701% due 09/25/2035 ~

 

229

 

125

5.944% due 01/25/2036 •

 

399

 

362

Braemar Hotels & Resorts Trust
7.898% due 06/15/2035 •

 

1,400

 

1,360

BX Trust
7.027% due 10/15/2036 •(k)

 

845

 

837

CALI Mortgage Trust
3.957% due 03/10/2039 (k)

 

3,100

 

2,773

CD Mortgage Trust
5.688% due 10/15/2048

 

83

 

76

Chase Mortgage Finance Trust

 

 

 

 

4.897% due 12/25/2035 «~

 

3

 

3

5.500% due 05/25/2036 «

 

1

 

0

Citicorp Mortgage Securities Trust

 

 

 

 

5.500% due 04/25/2037 «

 

8

 

8

6.000% due 09/25/2037 «

 

233

 

222

Colony Mortgage Capital Ltd.
8.157% due 11/15/2038 •

 

1,200

 

1,065

Commercial Mortgage Loan Trust
6.369% due 12/10/2049 ~

 

329

 

13

Countrywide Alternative Loan Resecuritization Trust

 

 

 

 

6.000% due 05/25/2036

 

1,415

 

795

6.000% due 08/25/2037 ~

 

713

 

386

Countrywide Alternative Loan Trust

 

 

 

 

5.500% due 03/25/2035

 

200

 

85

5.500% due 01/25/2036

 

254

 

146

5.750% due 01/25/2035

 

114

 

109

5.750% due 02/25/2035

 

173

 

118

5.750% due 12/25/2036

 

544

 

211

5.770% due 04/25/2036 ~

 

270

 

233

6.000% due 02/25/2035

 

216

 

157

6.000% due 04/25/2036

 

348

 

166

6.000% due 04/25/2037 «

 

464

 

204

6.000% due 04/25/2037

 

723

 

342

6.250% due 11/25/2036

 

402

 

300

6.250% due 12/25/2036 •

 

396

 

167

6.500% due 08/25/2036

 

368

 

116

Countrywide Home Loan Mortgage Pass-Through Trust

 

 

 

 

6.000% due 07/25/2037

 

1,142

 

485

6.024% due 03/25/2035 •

 

1,874

 

1,550

6.250% due 09/25/2036

 

323

 

128

Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates
6.000% due 11/25/2035

 

200

 

148

Schedule of Investments PIMCO Income Strategy Fund II (Cont.)

March 31, 2024

(Unaudited)

 

Credit Suisse Mortgage Capital Certificates
5.015% due 10/26/2036 ~

 

5,148

 

4,279

Credit Suisse Mortgage Capital Mortgage-Backed Trust

 

 

 

 

5.750% due 04/25/2036

 

98

 

52

9.794% due 07/15/2032 •

 

5,379

 

4,821

DBGS Mortgage Trust
7.740% due 10/15/2036 •(k)

 

2,390

 

1,835

First Horizon Mortgage Pass-Through Trust

 

 

 

 

0.000% due 11/25/2035 «~

 

1

 

0

4.830% due 05/25/2037 ~

 

122

 

53

Freddie Mac
13.120% due 11/25/2041 •

 

3,800

 

4,152

GS Mortgage Securities Corp. Trust
8.726% due 08/15/2039 •(k)

 

1,100

 

1,107

Hilton USA Trust
2.828% due 11/05/2035 (k)

 

800

 

694

IndyMac IMSC Mortgage Loan Trust
6.500% due 07/25/2037

 

3,452

 

1,061

Jackson Park Trust
3.242% due 10/14/2039 ~

 

1,616

 

1,275

JP Morgan Alternative Loan Trust

 

 

 

 

3.838% due 05/25/2036 ~

 

756

 

422

4.110% due 03/25/2037 ~

 

445

 

403

4.677% due 03/25/2036 ~

 

717

 

508

JP Morgan Chase Commercial Mortgage Securities Trust

 

 

 

 

6.812% due 07/05/2033 •(k)

 

2,275

 

2,012

9.623% due 02/15/2035 •

 

3,756

 

3,676

JP Morgan Mortgage Trust

 

 

 

 

5.352% due 02/25/2036 ~

 

136

 

92

5.524% due 10/25/2035 «~

 

50

 

46

6.500% due 09/25/2035 «

 

32

 

20

Lehman Mortgage Trust

 

 

 

 

6.000% due 07/25/2037 «

 

163

 

142

6.500% due 09/25/2037

 

1,751

 

547

Lehman XS Trust
5.884% due 06/25/2047 •

 

813

 

715

MASTR Asset Securitization Trust
6.500% due 11/25/2037 «

 

326

 

76

Merrill Lynch Mortgage Investors Trust
4.778% due 03/25/2036 ~

 

1,043

 

591

Morgan Stanley Bank of America Merrill Lynch Trust
3.708% due 05/15/2046 ~

 

818

 

752

Morgan Stanley Capital Trust
9.973% due 11/15/2034 •

 

2,400

 

2,293

New Orleans Hotel Trust
9.062% due 04/15/2032 •

 

1,300

 

1,198

Nomura Asset Acceptance Corp. Alternative Loan Trust
5.476% due 05/25/2035 þ

 

7

 

3

Residential Accredit Loans, Inc. Trust

 

 

 

 

4.444% due 12/26/2034 ~

 

467

 

164

6.000% due 08/25/2036

 

132

 

108

Residential Asset Securitization Trust

 

 

 

 

5.750% due 02/25/2036

 

770

 

280

6.000% due 07/25/2037

 

1,319

 

503

6.250% due 09/25/2037

 

2,472

 

1,009

Residential Funding Mortgage Securities, Inc. Trust
4.724% due 09/25/2035 ~

 

427

 

318

Structured Adjustable Rate Mortgage Loan Trust

 

 

 

 

4.776% due 01/25/2036 ~

 

1,209

 

617

5.569% due 11/25/2036 ~

 

964

 

794

SunTrust Adjustable Rate Mortgage Loan Trust
5.608% due 02/25/2037 ~

 

62

 

52

WaMu Mortgage Pass-Through Certificates Trust

 

 

 

 

3.845% due 05/25/2037 ~

 

431

 

365

3.971% due 10/25/2036 ~

 

334

 

286

4.174% due 02/25/2037 ~

 

238

 

197

4.541% due 07/25/2037 ~

 

419

 

347

WSTN Trust

 

 

 

 

7.690% due 07/05/2037 ~(k)

 

1,400

 

1,381

8.455% due 07/05/2037 ~

 

1,400

 

1,391

9.835% due 07/05/2037 ~

 

1,100

 

1,089

Total Non-Agency Mortgage-Backed Securities (Cost $91,660)

 

 

 

84,984

ASSET-BACKED SECURITIES 6.1%

 

 

 

 

Adagio CLO DAC
0.000% due 04/30/2031 ~

EUR

1,800

 

629

Apidos CLO
0.000% due 01/20/2031 ~

$

4,500

 

1,582

Argent Securities Trust
5.824% due 03/25/2036 •

 

2,983

 

1,624

Avoca CLO DAC
0.000% due 07/15/2032 ~

EUR

2,230

 

1,842

Bear Stearns Asset-Backed Securities Trust

 

 

 

 

5.178% due 10/25/2036 •

$

1,710

 

2,656

6.500% due 10/25/2036

 

341

 

142

Schedule of Investments PIMCO Income Strategy Fund II (Cont.)

March 31, 2024

(Unaudited)

 

Belle Haven ABS CDO Ltd.
5.842% due 07/05/2046 •

 

180,259

 

410

CIFC Funding Ltd.

 

 

 

 

0.000% due 04/24/2030 ~

 

2,400

 

488

0.000% due 10/22/2031 ~

 

1,500

 

262

Citigroup Mortgage Loan Trust

 

 

 

 

5.744% due 12/25/2036 •(k)

 

11,018

 

4,488

5.764% due 12/25/2036 •

 

1,242

 

681

Cork Street CLO DAC
0.000% due 11/27/2028 ~

EUR

621

 

111

Fremont Home Loan Trust
5.594% due 01/25/2037 •

$

10,942<